ONDO · Convergence Trade
Current Spread (mark)
updated 6s ago+0.000%higher than 6% of spread values(window 7D)
long $0.3343 · short $0.3343(long 53s / short 6m old)
Entry Spread (order book)-0.079%on $10,000
long $0.3350 · short $0.3348(average execution prices, not mark)
market median $0.3341· long +0.1%· short +0.1%
Profit Calculator
Three scenarios: the current spread 0.00% compresses to the target (0% = full convergence). Sized at $10,000 per leg.
| If spread converges to↓ target spread | 0% | 0.5% | 1.0% |
|---|---|---|---|
| Gross profit | +$0.00 | -$50.00 | -$100.00 |
| Round-trip fees | −$21.00 | −$21.00 | −$21.00 |
| Slippage(orderbook) | −$36.79 | −$36.79 | −$36.79 |
| Funding drag(est. 1h hold) | −$0.00 | −$0.00 | −$0.00 |
| Net potential | -$57.79 | -$107.79 | -$157.79 |
Breakeven move 0.5779%·Tradeability: 0.0× round-trip cost · do not trade — spread below breakeven
⏱ Hold time (estimated from history)
The current spread is already near its typical level (median 0.21%) — most of the convergence has happened, little potential left.
Estimate of historical spread behavior — not a guarantee of the future.
Spread Statistics
Window: 7d · 1,858 samples
Current
+0.000%
6 pct
Median
+0.206%
Average
+0.207%
P25 → P75
+0.122% … +0.268%
Range
-0.762% … +1.521%
Std dev
±0.176%
Size$
chart range
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Live spread — order book
on size $10,000Collecting live order-book data…
Rebuilt from stored order books (last 3h) and updated every ~15s while the page is open. IN is the spread to open the position, OUT is the spread to close it; positive means the trade works in your favour. Both are walked for your position size, so they already include what depth costs you.
LONG
TxFlow(dex)
TxFlow(dex)- Mark Price
- $0.3343
- Exchange Ticker
- ONDO
- Taker / Maker
- 0.045% / 0.015%
- Funding APR(1h)
- +10.95%
- OI
- $53.97K
- 24h Vol
- $54.71K
SHORT
KuCoin(cex)
KuCoin(cex)- Mark Price
- $0.3343
- Exchange Ticker
- ONDOUSDTM
- Taker / Maker
- 0.06% / 0.02%
- Funding APR(4h)
- +10.95%
- OI
- $20.89M
- 24h Vol
- $1.90M
1504 long / 1564 short samples · 8 days · auto-refresh every 30s